MAGMA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.377%higher than 17% of spread values(window 1D)
long $0.3821 · short $0.3806(long 22s / short 2m old)
Entry Spread (order book)-0.280%on $10,000
long $0.3811 · short $0.3801(average execution prices, not mark)
market median $0.3814· long +0.2%· short -0.2%
⚠ Spread is inverted — Aster is cheaper than Binance Futures. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.377%
17 pct
Median
-0.032%
Average
+0.024%
P25 → P75
-0.258% … +0.173%
Range
-7.632% … +15.552%
Std dev
±1.249%
tf
LONG
Binance Futures(cex)
- Mark Price
- $0.3821
- Exchange Ticker
- MAGMAUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +74.98%
- OI
- $8.84M
- 24h Vol
- $75.45M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Aster(dex)
- Mark Price
- $0.3806
- Exchange Ticker
- MAGMAUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- +67.45%
- OI
- $746.77K
- 24h Vol
- $294.93K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 231 short samples · 2 days · auto-refresh every 30s